The Aussie stock markets will be closed on Monday for Australia Day
But XJO futures are down quite sharply unsurprisingly after the US markets got zinged again on Friday.
The S&P 500 was down another 2.1% after another poor trade the day before while the Dow plunged another 318 points or 2%.
The Dow Jones (DJIA) is now at from 15,879 from a peak of above 16,500.
It's a long overdue pullback, of course.
The 5 year chart puts it in a bit more of a realistic perspective!
Can you see the drop?
Source: Yahoo Finance